2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC 
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186

About

In N/A, Honduras did not export any services to Iraq.

Iraq-Honduras In N/A, Iraq did not export any products to Honduras.

In N/A, Iraq did not export any services to Honduras.

Comparison: In 2022,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

Honduras does not register exports to Iraq.

Iraq does not register exports to Honduras.

Exports from Honduras (Flag) to Iraq (Flag) (2021)

Exports from Iraq (Flag) to Honduras (Flag) (2021)

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Iraq
Top Destination
India$38.8B

This map shows whether countries import more from Honduras or Iraq. Each country is colored based on the difference in imports they receive from Honduras and Iraq or the difference in the growth in imports.

In 2022, countries that imported more from Honduras than Iraq included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

In 2022, countries that imported more from Iraq than Honduras included India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Iraq

Flow
Scale

This chart compares trade between Honduras and Iraq by product, considering products traded by both, Honduras and Iraq.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Iraq+$4.08kInsulated Wire
Top Product Potential Iraq Honduras+$5.86kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Honduras and Iraq. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Honduras.

Product Space of Honduras (Flag) and Iraq (Flag) (2021)

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